On September 1, 2023 – two weeks from now – the wholesale price of .com domain names is going to increase to $9.59/year. Verisign operates the .com registry, and the annual price is going to increase by 7%, according to a report about Verisign by Zacks Investment Research appearing on Yahoo Finance:
“The company plans to increase the annual registry-level wholesale fee for each new and renewal .com domain name registration from $8.97 to $9.59, with effect from Sep 1, 2023.”
If this sounds familiar, it is because Verisign increased the wholesale price of .com domain names a year ago.
Keep in mind that the wholesale cost that Verisign sets is the price paid by domain name registrars. Domain registrars like GoDaddy and Namecheap will add their own margin to the cost of buying or renewing a .com domain name. In general, registrars will pass along the price increase to customers.
Domain investors who wish to save money may want to consider renewing domain names prior to the September 1 price increase. It would make sense to reach out to your preferred registrar to ask what the price for .com renewals and registrations will be as of September 1 to decide whether or not to renew domain names in advance.
